Yes banks here are required to keep cash on hand, know as a reserve ratio. They can't loan out all their deposits because they need cash for customer withdrawals. This is true of all fractional reserve banking systems.
The fractional reserve banking system is a scam and a fraud. It works...
You might be onto something there. The CPI # was really high. Gold prices are very high. Bonds are moving higher. Not many safe places to put your money these days.
Its really not up that much only a couple bucks. Gold is trying to break its previous high. Silver is overvalued and becoming more overvalued. No shortage of silver unlike gold. This up stocks and up gold thing is getting a little overdone.
Concepts like this are a bit difficult to grasp. I believe most people even economists don't understand what the guy is saying. The guy is telling the truth about the situation of the banking system in the US.
In order to understand what the guy is saying you must understand the money as debt...
+700 total, caution trading NG. I was down $1700 in about 5 seconds. Thats trading just 4 lots. Managed to close that +400. I should probably quit trading this monster while I am ahead.
THE DOLLAR ISNT GOING TO COLLAPSE! YET. !
Central banks around the world are pursing keynesian economic stimulus. The net effect on any one country's currency is nil. The dollar index may continue to go down. However inflation in the US won't pick up in the near future. The US economy is...
That cancer research job sounds like a really exciting opportunity. However if you are just after money...
There is probably more room for career advancement in trading if the cancer research job is strictly a salary based position. If as a cancer researcher you get a stake in any...
+1200
Some statistics:
-2000ish for this week, -3000 last week, +3000 week before that
+8000 for the year, -4000 last year. Tons of trades, 100% futures, breaking even essentially.
Thanks for the insight. I think the ⬠could hit 1.47 during today's NY session assuming US stocks continue to rally. Perhaps that is too high of a target? What do you think charle? :)
The most likely cause is a programming error in which your script uses some type of unknowable (future) data to generate its trades. Such a system will only buy when it sees the price rising a certain amount in the future. This will generate impressive results but cannot be replicated in real...
Does anybody use this software to generate forex signals? I believe you could scan a currency ETF to do this reasonably well. The main problem is ETFs sometimes have strange divergences and could set off a false signal if you trade spot. Also the fact that if you want to trade your signals after...
The best way to learn is to open a brokerage account and trade. There is no substitution for live trading. I watched the market for years and thought I had some things figured out. :D But then I opened an account with 5k and promptly lost about a grand.
So don't expect to make any money in...